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New MINI teased in competition to attend the reveal (video)
Fri, 25 Oct 2013New MINI teased in competition to attend the reveal It may be a few more weeks until the new MIN I is unveiled – 18th November, Sir Alec Issigonis’ birthday – but MINI is already upping the tease with a new competition. The reveal of the new MINI is scheduled to happen simultaneously at events in London, Los Angels and Shanghai and MINI are offering the chance to get an invite to one of the three reveals for three lucky winners. If you want to in with a chance of attending the first reveal of the new MINI – before its proper public debut at both the Los Angeles and Tokyo Motor Shows – then head over to MINI’s New MINI website to jump through a few hoops and enter.
News watch February 2012: today's auto industry news
Wed, 29 Feb 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
16-year-old Verstappen to race in Formula 1
Wed, 20 Aug 2014TEENAGER Max Verstappen is confident he can handle the pressures of the world of Formula One and insists he is not worried about the sport's dangers. The 16-year-old is set to become the youngest driver in F1's history after joining Toro Rosso for the 2015 campaign. Verstappen - 17 in September and currently competing in Formula Three - will replace Frenchman Jean-Eric Vergne at the Red Bull-owned team.